What are the means,or factors,of production?
A) synonyms of a society's mode of production
B) a society's institutional mechanisms for making sure that everyone is productive
C) the ways a society organizes production
D) labor forces organized by kinship ties
E) a society's major productive resources, such as land and other natural resources, labor, technology, and capital

Question

Quizplus · Accepted Answer

The means or factors of production are the major productive resources used by a society. These include land and other natural resources, labor, technology, and capital. They are the inputs used in the production process to create goods and services.

What Are the Means,or Factors,of Production